Novem Group Purchases 20,103 Shares of iShares S&P 500 Growth ETF $IVW

Novem Group increased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 34.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 78,482 shares of the company’s stock after acquiring an additional 20,103 shares during the quarter. iShares S&P 500 Growth ETF makes up about 1.1% of Novem Group’s holdings, making the stock its 19th largest position. Novem Group’s holdings in iShares S&P 500 Growth ETF were worth $11,165,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Measured Wealth Private Client Group LLC bought a new position in iShares S&P 500 Growth ETF during the first quarter valued at about $34,000. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares S&P 500 Growth ETF by 1,071.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock worth $34,000 after acquiring an additional 225 shares during the period. First Pacific Financial bought a new stake in iShares S&P 500 Growth ETF in the second quarter worth about $34,000. GK Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF in the third quarter worth about $41,000. Finally, YANKCOM Partnership purchased a new position in iShares S&P 500 Growth ETF in the third quarter valued at about $51,000.

iShares S&P 500 Growth ETF Stock Up 0.9%

iShares S&P 500 Growth ETF stock traded up $1.28 during trading on Monday, hitting $140.21. The stock had a trading volume of 1,290,445 shares, compared to its average volume of 3,006,500. The stock’s 50 day moving average is $141.10 and its two-hundred day moving average is $136.12. iShares S&P 500 Growth ETF has a 1 year low of $108.13 and a 1 year high of $146.83. The stock has a market cap of $77.57 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF Company Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.